As a former World Bank official, Columbia University academic and Afghan minister of finance, newly elected Afghan President Ashraf Ghani faces high expectations to turn his country’s war-torn economy around. Having actually written the book on fixing failed states, he now faces the challenge of putting theory into practice. Ghani’s deep skepticism of the merits of foreign aid and extractive industries positions him well to avoid the pitfalls of putting either at the economy’s helm. While aid levels will likely decline as foreign troop numbers continue to dwindle, Ghani’s real challenge will be nurturing Afghanistan’s fragile minerals sector while managing […]
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Iran has long had one of the world’s biggest drug addiction problems, but the government’s attitude toward the drug war remains rife with contradiction. Iran has taken drug addiction very seriously, as evidenced both by its extensive and heavy-handed law enforcement efforts and by the resources it puts toward prevention, treatment and harm-reduction programs. However, officials have at times downplayed the extent of the problem, as politicians have sought to paint a positive picture of the state of drug addiction in Iran. In a June speech, Interior Minister Abdolreza Rahmani Fazli said that Iran was home to 1.35 million addicts, […]
Last week, Indian Prime Minister Narendra Modi addressed the United Nations General Assembly, met with business leaders in New York and held talks with U.S. President Barack Obama in Washington. Though no concrete deals were made, there was progress on improving the strained relationship between India and the U.S. The visit was also significant since Modi was denied a visa to the U.S. in 2004, owing to his failure as chief minister of Gujarat to prevent a 2002 outbreak of religious violence that left over 1,000 people dead. Unsurprisingly, strengthening economic ties was high on Modi’s agenda. During a breakfast […]